CommStar Credit Union is the only credit union in Lorain County to offer business lending, with loans for anything from fleet vehicles to commercial real estate. Call or e-mail to make an appointment to find out how we can help you reach your business goals today!
Paycheck Protection Program (PPP) Loans (when available)
The Paycheck Protection Program (PPP) is a loan designed to provide a direct incentive for small businesses to keep their workers on payroll. Borrowers may be eligible for PPP loan forgiveness.
7(a) loans to purchase land, buildings, equipment or other businesses; 504 loans to acquire commercial property.
SBA Express Loans
Features an accelerated turnaround time for SBA review.
Express 48 Loan
Business-purpose loans up to $48,000 with approvals in 48 hours *
Commercial Real Estate
Office buildings, apartments, pet stores, garages, storage facilities and more.
Owner and non-owner occupied rental properties for one to four families.
Commercial Mixed Use Property
Store fronts with apartments or residential portions. May or may not be owner-occupied.
Tractors, bulldozers, plows, widget makers, specialty tools and more.
Companies that have at least two vehicles are eligible.
Lines of Credit
Secured and non-secured options.
*48 hour approval excludes weekends and holidays. All required documents received with application. Subject to terms and conditions.